Title: PROPERTY D SLIDES
1PROPERTY D SLIDES
- 3-17-16
- Saint Patricks Day
- National Corned Beef Cabbage Day
2Thursday March 17 Music to Accompany
ShapiraBarbra Streisand, The Way We Were (1974)
- On Course Page by 1230 Today On Course Page
by 1230 Tomorrow
- Chapter 5 Materials
- Updated Syllabus Assignment Sheet
- Info Memos for Chapters 1 and 2
- Rough Schedule for Feedback on Submitted Sample
Exam Answers
- Chapter 4 Tests from Fall 2010, Spring 2013,
Spring 2014 - Complete Answers Explanations for Sample
Question Bank and all Posted Tests - Instructions Page for Your Test
- Chapter 4 Syllabus to be Attached to Your Test
3OLYMPIC Problem 4I Contd
EEL GLACIER
4Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- J opens a restaurant that serves several dishes
cooked with wine or flamed with brandy and at
Sunday brunch offers a free glass of champagne. - The restaurant is successful, and 11 years after
its opening D wants to buy it and add a bar.
Advise D.
5Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- MULTI-STEP ANALYSIS
- FSD or FSCS? (Last Time Arguments Both Ways)
- CONDITION VIOLATED? (Last Time Arguments Both
Ways) - EFFECT OF VIOLATION?
- If FSD Poss. of Reverter?
- If FSCS Rt. of Entry
- ADVICE RE PURCHASE
6Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- Effect of Violation if
- J has FSD O has Possibility of Reverter
- O gets legal title at moment of violation.
- If sufficient time has passed, J may have title
through adverse possession. - Effect of Violation if FSCS Rt. of Entry?
7Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- Effect of Violation if
- J has FSCS O has Right of Entry
- Assuming O has not acted, O still has RE
- If O is aware of Julias use of alcohol, may be
held to have waived the right to enforce
regarding these kinds of uses of alcohol.
8Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- MULTI-STEP ANALYSIS
- FSD or FSCS?
- CONDITION VIOLATED?
- EFFECT OF VIOLATION? (depends on FSD or FSCS)
- ADVICE RE PURCHASE?
9Olympic (4I) O conveys "to J and her heirs so
long as the premises are not used for sale of
beer, wine, or liquor, and if beer, wine, or
liquor is sold on the premises, O retains a right
to re-enter the premises."
- J opens a restaurant that serves several dishes
cooked with wine or flamed with brandy and at
Sunday brunch offers a free glass of champagne. - The restaurant is successful, and 11 years after
its opening D wants to buy it and add a bar. - Possible Advice to D?
10(4I) Plausible Advice to Donald Includes
- Buy both present estate and future interest (or
all rights of both J and O) to merge into fee
simple absolute. - Serve free liquor raise prices (and argue
waiver if O questions) - Make purchase contingent on J insuring right to
use alcohol (winning suit re adverse possession/
waiver/etc. buying future interest/waiver from
O) - Find out if D is willing and able to sell
beer/wine on nearby site for people to take into
restaurant. - QUESTIONS ON 4I?
11(4I) Plausible Advice to Donald
- Test Note 5
- Test Will Include At Least One Question Focused
on Giving A Client This Type of Advice. - E.g., Based on Facts of 4I, I might ask
- Assume that Js restaurant is successful. 11
years after its opening, your client D wants to
buy it and add a bar. Which of the following
suggestions would it be helpful for you to make
to D?
12EXAM TIP Which of the Following Arguments
Does Not Support ?
- Can Arise in Context of
- Fee Simple v. Life Estate (White, Prob. 4O)
- FSD v. FSCS (Mahrenholz, Prob. 4I)
- Whether a Condition is Valid (Prob. 4O, Shapira)
- Advice Question (just described)
- Timing Ambiguities (after Shapira)
13EXAM TIP Which of the Following Arguments
Does Not Support ?
- For an Argument to Support a Particular Legal
Result (or for Advice to be Helpful) - It Must Be Legally and Factually Correct and
- It Must Logically Suggest that the Result is More
Likely or More Desirable Than the Alternative
14In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili.
- At the time of the grant, Jessica has a
- (a) Vested remainder in fee simple determinable.
- (b) Vested remainder in fee simple absolute.
- (c) Vested remainder in fee simple on executory
limitation. - (d) Vested remainder subject to divestment.
- Take a moment and try this.
15In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili.
- At the time of the grant, Jessica has a
- (a) Vested remainder in fee simple determinable.
- (b) Vested remainder in fee simple absolute.
- (c) Vested remainder in fee simple on executory
limitation. - (d) Vested remainder subject to divestment.
- Why is (b) the correct answer?
16Conditions Additional Information
- Unacceptable Conditions
- Problem 4O
- Shapira
- Timing Issues
17Unacceptable Conditions
18Unacceptable Conditions
- Conditions So Abhorrent
- You Cant Even Impose Them
- on Your Own Children
19Unacceptable Conditions
- Total Restraint on Alienation
20Unacceptable Conditions
- In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili. - Total Restraint on Alienation is Invalid
21Unacceptable Conditions
- In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili. - Total Restraint on Alienation is Invalid
- Pencil Out Unlawful Condition (and executory
interest that turns on it)
22Unacceptable Conditions
- In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili. - Total Restraint on Alienation is Invalid
- Pencil Out Unlawful Condition (and executory
interest that turns on it) - Result is Vested Remainder in Fee Simple Absolute
(2006 Today)
23Unacceptable Conditions
- In 2006, Brian grants Mason-acre to Dolly for
life, then to Jessica so long as she never tries
to sell Mason-acre, otherwise to Mike and Mili. - Exam Question Fall 2007 Spring 2010
- 1st Time Nasty b/c New at End of Test (1/63
students got it) - 2d Time (with warning) about 45 got it.
- READ CAREFULLY!!
24Unacceptable Conditions
- Total Restraint on Alienation
- Partial Restraint OK if Reasonable
25Unacceptable Conditions
- Total Restraint on Alienation
- Partial Restraint OK if Reasonable
- Most Restrictions Restrain Alienation to Some
Extent - If too burdensome/weird could treat as too much
restraint (b/c nobody will purchase) - See Casebook at P565-66
- Maybe so long as the owner stays on the parcel
every night.
26Unacceptable Conditions
- Total Restraint on Alienation
- Partial Restraint OK if Reasonable
- Most Restrictions Restrain Alienation to Some
Extent - Use Restrictions (Use Only by X?)
- OK if Charitable
- Some jurisd Non-Charitable Unreas. Restraint
on Alienation
27Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- To Suki if she murders Ricky
28Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- Total Restraint on Marriage Generally Barred
- Some Jurisd Maybe OK if Life Estate
- Some Jurisd allow reasonable partial restraints
- E.g., So long as she doesnt marry until she
turns 25 - Well explore with Problem 4O Shapira
29Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- Total Restraint on Marriage Generally Barred
- Encouraging Divorce (Evil In-Laws Grant)
- To Sansa so long as she divorces Tyrion
30Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- Total Restraint on Marriage Generally Barred
- Encouraging Divorce (Evil In-Laws Grant)
- Grant Penalizing Divorce Seems to be OK
- To Sansa for Life, but if she divorces Tyrion,
to Jon
31Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- Total Restraint on Marriage Generally Barred
- Encouraging Divorce
- Commonly Protected Characteristics
- Race-Based Limitations (Unenforceable)
- Sex-Based Upheld (At Least w/in Family)
- Religion (Well Discuss w Shapira)
32Unacceptable Conditions
- Total Restraint on Alienation
- Doing Criminal Acts
- Total Restraint on Marriage Generally Barred
- Encouraging Divorce
- Commonly Protected Characteristics
- Questions?
33Conditions Additional Information
- Unacceptable Conditions
- Problem 4O
- Shapira
- Timing Issues
34ACADIA Problem 4O
Sunrise
35Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Gloria is not Ediths child.
- Edith moves in with male friend, Sherman.
- Edith then dies, devising all her property to
Sherman. - devising means?
36Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Note on Future Interests Created in Wills
- The future interest that is retained by Archie
(when he grants present interest to Edith) then
passes to Gloria through the residuary clause. - For purposes of naming the property rights
involved, we treat this future interest as being
held initially by Archie (the grantor), because
it is not explicitly described as being granted
to a third party.
37Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Three Qs/Ambiguities I Said Wed Discuss
- Life Estate Determinable v. Fee Simple
Determinable? - Is condition restraining second marriage void?
- Does cohabitation violate a restraint on
marriage? - Then Well Work Through Decision Tree
38Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- (Q1) Arguments Supporting
- Fee Simple Determinable
- (as opposed to Life Estate Determinable?)
39Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Arguments Supporting FSD Include
- Presumption of Fee Simple if Today
- No Explicit Reference to Life
- No Explicit Gift Over Listed (See White v. Brown)
- Arguments Supporting Life Estate Determinable?
40Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- (Q1) Arguments Supporting Life Estate
Determinable Include - Presumption of Life Estate if at Common Law
- Use and Benefit Sounds Like Life Estate (Hard
to Use Land After Death) - Condition/Language is Consistent with Intent to
Provide Shelter/Support for Edith During Her
Lifetime - Reasonable to Think Archie would try to Protect
Gloria (not Ediths daughter)
41Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Caselaw in many states today interpreting for
use and benefit - Majority View creates Fee Simple
- Minority View creates Life Estate
42Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Majority View
- E has Fee Simple Determinable
- What is Remaining Future Interest in Archie
(passed to Gloria through residuary clause)?
43Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Majority View
- E has Fee Simple Determinable
- A ? G Possibility of Reverter
44Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Minority View
- E has Life Estate Determinable
- What is Remaining Future Interest in Archie
(passed to Gloria through residuary clause)?
45Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- Minority View
- E has Life Estate Determinable
- A? G Possibility of Reverter Reversion
- Merges into Reversion
46Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- (Q2) If Edith had never married, condition
probably would be void as against public policy. - (Allowed for life estates in a few states.)
- Should we treat condition restraining second
marriage differently from one restraining first
marriage?
47Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- (Q2) Is condition restraining second marriage
void as against public policy? - Policy Concerns
- As right to control his property (and nice
Alvarez point re protecting Gloria) v. Es right
to control her own life - Stereotypes about love and sexuality in older
persons, - Court probably more likely to allow condition if
it views Es interest as just a life estate for
support.
48Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- (Q2) Is condition restraining second marriage
void as against public policy? Result - If not void, nothing changes
- If void, pencil out condition
49Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- If condition void, pencil out condition
- To my wife Edith, for her use benefit,
- so long as she remains unmarried.
50Acadia (4O) Archie in will To my wife Edith,
for her use benefit, so long as she remains
unmarried. Residue to daughter Gloria.
- If condition void, pencil out condition
- To my wife Edith, for her use benefit,
- so long as she remains unmarried.
- Resulting Interests
- Majority E Fee Simple Absolute
- Some E Life Estate G Reversion
- If Void, What Happens when E dies?
51Acadia (4O) Archie in will To my wife E, for
her use benefit, so long as she remains
unmarried. Residue to G. E then dies leaving
all property to S.
- If condition void, resulting interests
- Majority E Fee Simple Absolute
- When E Dies, S gets FSA through Es will.
- Some E Life Estate G Reversion
- When E dies, Life Estate ends, and G has FSA.
52(4O) Acadia To my wife E, for her use
benefit, so long as she remains unmarried.
Residue to Gloria. E shacks up with Sherman. E
dies devises everything to S
- (Q3) Does cohabitation violate a restraint on
marriage? - Only need to resolve if condition is valid.
- ARGUMENTS?
53(4O) Acadia To my wife E, for her use
benefit, so long as she remains unmarried.
Residue to Gloria. E shacks up with Sherman. E
dies devises everything to S
- Does cohabitation violate a restraint on
marriage? - Only need to resolve if condition is valid.
- Discussion Literal Argument v. Inconsistency w
Grantors Purpose (both re Edith re Gloria)
(cf. Mahrenholz) - Restatement Position
- Not a Violation
- For Restatement to Address, Must Have Come Up
Pretty Often - Other Reasons Not to Marry from Pensions Social
Security
54(4O) Acadia To my wife E, for her use
benefit, so long as she remains unmarried.
Residue to Gloria. E shacks up with Sherman. E
dies devises everything to S
- (Q3) Does cohabitation violate a restraint on
marriage? - Only need to resolve if condition is valid.
- Since arguments both ways, need to follow
through for both possibilities for both possible
readings of grant
55(4O) Acadia A in Will To my wife E, for her
use benefit, so long as she remains unmarried.
Residue to G. E shacks up with Sherman. E dies
devises everything to SMinority E LED G
Reversion (incl. Poss. of Reverter).
- If Condition is Violated?
- If Condition is Not Violated?
56(4O) Acadia A in Will To my wife E, for her
use benefit, so long as she remains unmarried.
Residue to G. E shacks up with Sherman. E dies
devises everything to SMinority E LED G
Reversion (incl. Poss. of Reverter).
- If Condition is Violated?
- E immediately loses title
- Gs Poss of Reverter ? FSA
- E Dies?
- If Condition is Not Violated?
- Parties Interests Dont Change
- E Dies?
57(4O) Acadia A in Will To my wife E, for her
use benefit, so long as she remains unmarried.
Residue to G. E shacks up with Sherman. E dies
devises everything to SMinority E LED G
Reversion (incl. Poss. of Reverter).
- If Condition is Violated?
- E immediately loses title
- Gs Poss of Reverter ? FSA
- E Dies?
- E has no interest to pass on
- G FSA
- If Condition is Not Violated?
- Parties Interests Dont Change
- E Dies?
- Es Life Estate ends
- Gs Reversion ? FSA
- G FSA
58(4O) Acadia A in Will To my wife E, for her
use benefit, so long as she remains unmarried.
Residue to G. E shacks up with Sherman. E dies
devises everything to SMajority E FSD G
Poss. of Reverter
- If Condition is Violated?
- E immediately loses title
- Gs Poss of Reverter ? FSA
- If Condition is Not Violated?
- Parties Interests Dont Change
59(4O) Acadia A in Will To my wife E, for her
use benefit, so long as she remains unmarried.
Residue to Gloria. E shacks up with Sherman. E
dies devises everything to SMajority E FSD
G Poss. of Reverter
- If Condition is Violated?
- E immediately loses title
- Gs Poss of Reverter ? FSA
- E Dies?
- E has no interest to pass on
- G FSA
- If Condition is Not Violated?
- Parties Interests Dont Change
- E Dies What Happens?
60(4O) Archie in will To my wife E, for her use
benefit, so long as she remains unmarried.
Residue to As daughter G (not Es daughter). E
shacks up with Sherman. E dies devises
everything to S
- Final Branch of Decision Tree Edith Dies
- Majority Condition Valid No Violation
- Edith has FSD Gloria has Possibility of Reverter
- What happens to Condition When Edith Dies?
61(4O) Archie in will To my wife E, for her use
benefit, so long as she remains unmarried.
Residue to As daughter G (not Es daughter). E
shacks up with Sherman. E dies devises
everything to S
- Final Branch of Decision Tree Edith Dies
- Majority Condition Valid No Violation
- Edith has FSD Gloria has Possibility of Reverter
- What happens to Condition When Edith Dies?
- Edith Cant Remarry After Death (As Far as We
Know ?) - Thus Condition Can Never Occur
- So Condition Effectively Disappears
- Sherman has Fee Simple Absolute Glorias
Interest Fails
62COMPARE
- To E her heirs so long as she remains
unmarried. - Condition limited to E, so ends at Es death.
- Successors after that take Fee Simple Absolute
- To E her heirs so long as alcohol is never
sold on the premises. - Condition not limited to E, so it survives her.
- Successors take Fee Simple Determinable.
63Qs on Problem 4O?
64Tomorrow
- Well Complete Shapira Timing Issues
- Materials on Rule against Perpetuities
- Rule itself Not on Test Information Only
(NOTIO) - Grants addressed fair game for identification,
vesting failing - Review Problems Everglades (4P/4S) Sequoia
(4Q/4R) Be Prepared to - Identify List of Contestable Issues (as I did for
you on 4I 4O) - Work Through Flow Chart of Possible Iterations
(as we did for Mahrenholz 4O) - Ill Post Slides/Write-Ups for All
65Conditions Additional Information
- Unacceptable Conditions
- Problem 4O
- Shapira
- Timing Issues
66BADLANDS DQ4.13-4.15
NORBECK PASS
67Badlands DQ4.13? SHAPIRA DISTINCTIONS ?
- Well Explore Shapira Reasoning by Looking at
Five Key Distinctions Drawn by the Opinion
(Listed on Course Page)
68Badlands DQ4.13? SHAPIRA DISTINCTION 1 ?
- Gift conditioned upon religious faith of
beneficiary ? - v.
- Gift conditioned upon marriage to person of
particular faith ? - Why Relevant?
69Badlands DQ4.13? SHAPIRA DISTINCTION 1 ?
- Gift conditioned upon religious faith of
beneficiary ? v. - Gift conditioned upon marriage to person of
particular faith ? - Coercing Belief ? v. Conduct ?
- Administrability
70Badlands DQ4.13? SHAPIRA DISTINCTION 1 ?
- Gift conditioned upon religious faith of
beneficiary ? v. - Gift conditioned upon marriage to person of
particular faith ? - Coercing Belief ? v. Conduct ?
- Note View of Marriage in 1974
- Can Use Case to Support Conditions Requiring
Conduct Affecting Religious Concerns but not
Coercing Belief - Administrability
71Badlands DQ4.13? SHAPIRA DISTINCTION 1 ?
- Gift conditioned upon religious faith of
beneficiary ? v. - Gift conditioned upon marriage to person of
particular faith ? - Administrability Compare
- ?To Pigpen, so long as the kitchens and bathrooms
are always kept very clean. - ?To Schroeder, so long as he never plays any work
by Beethoven on the piano.
72Badlands DQ4.13? SHAPIRA DISTINCTION 1 ?
- Gift conditioned upon religious faith of
beneficiary ? v. - Gift conditioned upon marriage to person of
particular faith ? - Administrability Compare
- ? To Lucy so long as she remains a member of the
Society of Friends. - ? To Linus, so long as he remains a good
Catholic. - QUESTIONS?
73Badlands DQ4.13? SHAPIRA DISTINCTION 2 ?
- Gift conditioned upon divorce ?
- v.
- Gift conditioned upon marriage to person of
particular faith (maybe ?) - Why Relevant?
74Badlands DQ4.13? SHAPIRA DISTINCTION 2 ?
- Gift conditioned upon divorce ? v.
- Gift conditioned upon marriage to person of
particular faith (maybe ?) - Court Latter not sufficient to encourage fake
marriage divorce. - Grantee cant avoid condition by saying I will
act in bad faith (this concern arises regarding
many legal issues).
75Badlands DQ4.13? SHAPIRA DISTINCTION 3 ?
- Conditional gift with gift over to third party
- v.
- Conditional gift without gift over
- Comprehensive Estate Plan (likely ?)
- v. In Terrorem Condition (maybe ?)
76Badlands DQ4.13? SHAPIRA DISTINCTION 4 ?
- Forcing a marriage as a condition of a completed
gift ? - v.
- Withholding gift until marriage made ?
- Why Relevant?
77Badlands DQ4.13? SHAPIRA DISTINCTION 4 ?
- Forcing a marriage as a condition of a completed
gift ? - v. Withholding gift until marriage made ?
- Remedy Injunction v. Forfeiting Gift
- Like case involving divorce settlement
requirement that child be raised in particular
faith - Wont impose contempt/criminal sanctions for not
following religion
78Badlands DQ4.13? SHAPIRA DISTINCTION 5 ?
- Quaker Men (Maddox) ? v.
- ? Jewish Women (Shapira)
- Why Relevant?
79Badlands DQ4.13? SHAPIRA DISTINCTION 5 ?
- Quaker Men (Maddox) ? v.
- ?Jewish Women (Shapira)
- Quakers Too Few Available Partners ?
- E.g., you must marry one of the Bronte Sisters ?
80Shapira v. Union National Bank badlands DQ4.14
- Maddox held that these kinds of conditions
(partially restricting marriage) are unacceptable
where there is a sufficiently small number of
eligible partners. - How few partners must there be to fail the test?
81Shapira v. Union National Bank badlands DQ4.14
- Maddox held that these kinds of conditions
(partially restricting marriage) are unacceptable
where there is a sufficiently small number of
eligible partners. - If you were living in a state with that test, how
could you prove whether it was met? (Cf.
Lawyering Q on Final Exam)
82Shapira v. Union National Bank badlands DQ4.14
- Maddox held that these kinds of conditions
(partially restricting marriage) are unacceptable
where there is a sufficiently small number of
eligible partners. - Assuming that some partial restraints on marriage
are allowed, is the Maddox rule a good result?
83Shapira v. Union National Bank badlands DQ4.14
- Maddox held that these kinds of conditions
(partially restricting marriage) are unacceptable
where there is a sufficiently small number of
eligible partners. - Good Result?
- Too much restriction on grantee v.
- Grantors Rights (can always argue that grantors
should be able to dispose of their own property
as they wish).
84Questions on Shapira?